Bitcoin, Ethereum, XRP, Dogecoin Rally Amid Trump’s Fiery Iran Warning: Analyst Says ‘No Point In Buying’ BTC Until This Happens
Leading cryptocurrencies rose overnight on Sunday while stock futures dipped as President Donald Trump’s warning to Iran put investors on edge.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:20 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +2.52% | $68,843.45 |
| Ethereum (CRYPTO: ETH) |
+2.68% | $2,114.41 |
| XRP (CRYPTO: XRP) | +1.12% | $1.32 |
| Solana (CRYPTO: SOL) | +1.59% | $81.97 |
| Dogecoin (CRYPTO: DOGE) | +0.60% | $0.092 |
Institutional Buying Boosts ETH
Bitcoin spiked to $69,500 late in the evening, while trading volume jumped 62% over the last 24 hours. Ethereum rallied to $2,130, as Bitcoin’s rise sparked broader market buying. XRP and Dogecoin also traded in the green.
Over $250 million were liquidated in the past 24 hours, predominantly bearish short positions, according to Coinglass data.
Open interest in Bitcoin futures rose 3.62% in the last 24 hours. Meanwhile, sentiment for the apex cryptocurrency among Binance’s retail derivatives users stayed “Neutral.”
“Extreme Fear” sentiment, however, persisted in the market, according to the Crypto Fear & Greed Index.
The global cryptocurrency market capitalization stood at $2.36 trillion, following an increase of 1.95% from the previous day.
Top Gainers …
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